[kictanet] FW: [DigAfrica] Kenya's Safaricom's year profit jumps 37 pct

[Edith Adera]

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Edith Ofwona Adera
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From: DigAfrica at yahoogroups.com [DigAfrica at yahoogroups.com] On Behalf Of chifu_wa_malindi [chifu2222 at gmail.com]
Sent: 26 May 2010 09:54
To: DigAfrica at yahoogroups.com
Subject: [DigAfrica] Kenya's Safaricom's year profit jumps 37 pct



Kenya's Safaricom's year profit jumps 37 pct

NAIROBI, May 26 (Reuters) - Kenya's Safaricom, the country's largest telecoms operator, said on Wednesday pretax profit rose by 37 percent to 20.97 billion shillings ($262.6 million) for its year ended March.

The firm, which is also east Africa's largest by market value and part-held by Britain's Vodafone, said the market was at 50 percent penetration and the greatest growth opportunities lay in data services.

(Reporting by Duncan Miriri and Helen Nyambura-Mwaura; Editing by Richard Lough) ($1=79.85 Kenyan Shilling) Keywords: SAFARICOM/

(Email: nairobi.newsroom at reuters.com<mailto:nairobi.newsroom%40reuters.com>; Tel: +254 20 222 4717)


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